Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long 0 7.30 0.69
Bottoms Long 0 6.21 0.71
Tops Intermediate 0 9.13 0.72
Bottoms Intermediate 0 8.06 0.87
Tops Short 0.06 9.54 0.93
Bottoms Short 0.06 9.32 0.99
alerts
Short Term Upward Sloping Trading Channel